Scott Trench: How to Fast-Track Financial Freedom and Early Retirement | Finance | E367

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)

YAP Media Network

Education, Marketing, Entrepreneurship, Business, Self-improvement

4.8 • 1.3K Ratings

🗓️ 8 September 2025

⏱️ 74 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Scott Trench once felt limited in a corporate job, questioning whether financial freedom before retirement was even possible. Afraid of wasting decades climbing the corporate ladder for incremental raises at the cost of his freedom, he embraced frugality, disciplined saving, and smart investing. By the age of 27, he had achieved financial independence. In this episode, Scott shares his Financial Independence, Retire Early (FIRE) journey and actionable strategies for building wealth early, empowering you to reach financial freedom long before retirement. In this episode, Hala and Scott will discuss: (00:00) Introduction (02:23) From Early Career to BiggerPockets CEO (08:47) Scrappy Lessons and Startup Growth Hacks (13:51) Scaling BiggerPockets: Strategy and Growth (19:18) How BiggerPockets Makes Money (26:42) Stepping Down as CEO to Become a Full-Time Creator (30:14) The FIRE Movement and Its Evolving Models (39:47) Frugal Living, Wealth Building, and Saving Hacks (45:51) Smart Real Estate Strategies for Beginners (57:59) Different Paths to Financial Independence Scott Trench is a real estate investor and former CEO of BiggerPockets, the world’s largest community for real estate investors. He co-hosts the BiggerPockets Money podcast, sharing insights on personal finance and wealth building. Scott is the bestselling author of Set for Life and a leading voice in the FIRE (Financial Independence, Retire Early) movement, promoting strategies for financial planning, investment, and early retirement. Sponsored By: Airbnb - Find yourself a cohost at airbnb.com/host Indeed - Get a $75 sponsored job credit to boost your job's visibility at Indeed.com/PROFITING Shopify - Start your $1/month trial at Shopify.com/profiting. Mercury - Streamline your banking and finances in one place. Learn more at mercury.com/profiting Open Phone - Get 20% off your first 6 months at OpenPhone.com/profiting. DeleteMe - Remove your personal data online. Get 20% off DeleteMe consumer plans at to joindeleteme.com/profiting SKIMS - Shop SKIMS Fits Everybody collection at SKIMS.com Policy Genius - Secure your family’s future with Policygenius. Head to policygenius.com/profiting Masterclass - Get an additional 15% off any annual membership at https://masterclass.com/profiting BitDefender - Save 30% on your subscription at bitdefender.com/profiting Resources Mentioned: Scott’s Book, Set For Life: bit.ly/SetforLife Scott’s Instagram: instagram.com/scott_trench Scott’s Podcast, BiggerPockets Money: bit.ly/BPMP-apple Scott’s YouTube, BiggerPockets Money: bit.ly/BPM-YouTube Active Deals - youngandprofiting.com/deals Key YAP Links Reviews - ratethispodcast.com/yap YouTube - youtube.com/c/YoungandProfiting LinkedIn - linkedin.com/in/htaha/ Instagram - instagram.com/yapwithhala/ Social + Podcast Services: yapmedia.com Transcripts - youngandprofiting.com/episodes-new Entrepreneurship, Entrepreneurship Podcast, Business, Business Podcast, Self Improvement, Self-Improvement, Personal Development, Starting a Business, Strategy, Investing, Sales, Selling, Psychology, Productivity, Entrepreneurs, AI, Artificial Intelligence, Technology, Marketing, Negotiation, Money, Finance, Side Hustle, Startup, Mental Health, Career, Leadership, Mindset, Health, Growth Mindset, Stock Market, Scalability, Risk Management, Business Coaching, Finance Podcast.

Transcript

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0:00.0	Yeah, bam, as you may know, I'm a total fashionista. I love clothing. It is my favorite way to
0:08.7	express myself. I love putting together outfits. It is one of my favorite hobbies, fashion. I just love it.
0:14.5	And when it comes to buying my clothes, there's really only one place I shop for the last three or four
0:19.9	years. I literally have bought all of my clothes from Revolve, one place I shop for the last three or four years, I literally have
0:21.3	bought all of my clothes from Revolve, whether it's buying a gown for a wedding, work clothes,
0:26.6	going out, dancing clothes, bikinis for vacations, vacation outfits, all of my clothes are from
0:32.6	Revolve. And Revolve is so amazing because they've got so many brands. They've got 1,200 different brands
0:38.2	from really established labels to up and coming brands. And I just love discovering these new brands,
0:44.7	trying these clothes. It's always so high quality. Their shipping is just so fast. They've got
0:49.6	overnight shipping, two-day shipping. It's one of the best high-quality stores that I know of that
0:53.9	actually provide quick shipping. So if you need something in a pinch, Revolve is night shipping, two-day shipping, it's one of the best high-quality stores that I know of that actually
0:54.2	provide quick shipping. So if you need something in a pinch, Revolve is definitely your go-to.
0:59.9	Whether it's a weekend away or a big night out or a style refresh, your dream wardrobe is just
1:05.0	one click away. Head to Revolve.com slash profiting and shop my edit to take 15% off your first order with code profiting.
1:12.5	That's fast two-day shipping, easy returns. It's literally the only place you need to shop from.
1:17.1	It's the only place that I shop from. That's revolve.com slash profiting to shop my favorites and get
1:22.1	15% off your first order with code profiting. This offer ends November 9th, so happy shopping and get to it.
1:30.1	People hate their jobs a lot of times in this country, and that's a powerful motivation to get
1:35.5	started on the journey to financial independence. Scott Trench, real estate investor, best-selling
1:41.1	author of Set for Life, and the former CEO of Bigger Pockets.
1:45.0	Scott built a multi-million dollar portfolio and achieved financial independence by the time he was 27,
1:51.0	all through frugality, house hacking, and smart investing.
	...

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